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Author Topic: Bitcoin Panic sell  (Read 331 times)
Stickist001 (OP)
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January 05, 2018, 10:47:08 PM
 #1

Is it wise to buy bitcoin when there is panic to quickly sell?
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Branko
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January 05, 2018, 10:49:06 PM
 #2

Is this a trick question?
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January 05, 2018, 10:50:19 PM
 #3

Yes it is wise, i think bitcoins is about to hit 20K line in next days. But I take bitcoins as my savings so I am not selling, just holding.

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January 05, 2018, 10:53:24 PM
 #4

Is this a trick question?

Very tricky
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January 05, 2018, 11:00:20 PM
 #5

I think panic is a very bad situation for this market
My motto: If you are patient, you will make money on this market
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January 05, 2018, 11:06:28 PM
 #6

Yes, think it is.

After every dip, bitcoin came back stronger.

Before Christmas we had a drop from 20.000 > 12.000 and I think latest end of January we will be above againn.

This market seems to be almost safe from my point of view.
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January 05, 2018, 11:34:53 PM
 #7

Is it wise to buy bitcoin when there is panic to quickly sell?
Is there such panic? Coz I don't feel it. Everything has been said and done when it comes to Bitcoin. So it is almost safe to say that whatever scenario would come with regards to Bitcoin, it has been dealt with in the past. Any dip or fall is temporary because we all know that Bitcoins recovers quite fast. So there is virtually no lost with Bitcoin. It's all up to the person how he would play his cards...

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January 05, 2018, 11:39:53 PM
 #8

Is it wise to buy bitcoin when there is panic to quickly sell?
Yes it is, as long as you can pick more bitcoin at bottom price and then you could be a winner, remember it will always be jumping back again in the future. Those are selling their bitcoin at very cheap price will be regreting it in the future. Look at the bitcoin right now and how it backs again to the moon.

 
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ChiNgadOr
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January 05, 2018, 11:48:52 PM
 #9

BTC is not worth and wont be never worth so much money.. its just hype... who will use that when a transfer cost around 20$?¿? it is cheaper with MY BANK!!!!!!!! and i though cryptocurrencies were intended to be an alternative to bank...

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January 05, 2018, 11:49:36 PM
 #10

Why would there be panic? Generally, it is wise to buy more. Steady hands win more in crypto than weak hands. Bitcoin is no where near its potential top.
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January 06, 2018, 12:05:11 AM
 #11

Well, it is kinda obvious that every time that btc makes a little bigger move the alts will bleed(Thanks to panic selling). If you buy the dip and BTC turns sideways or even down. Then you can make a lot of profit in very short time. I dont understand why people panic sold in these last couple of weeks, when alts have been continuously pumping. I think that most of the people who panic sold lost on the trade.
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January 06, 2018, 12:10:56 AM
 #12

When there is a big decrease in price, everyone is panicing. They forgot that it is only an opurtunity to buy bitcoin because the price is low.
We all see how bitcoin grow, it will decrease, but will icrease again in much higher value. This what makes bitcoin more profitable.
Just trust bitcoin. It is just a long ride, keep calm.

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January 06, 2018, 12:20:33 AM
 #13

Yes it is wise, i think bitcoins is about to hit 20K line in next days. But I take bitcoins as my savings so I am not selling, just holding.
I think bitcoin will hit more than 20k.
New ath is coming about 24 or 25k.
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January 06, 2018, 12:24:17 AM
 #14

Is it wise to buy bitcoin when there is panic to quickly sell?

My answer is yes. Here in the world of crypto, you are much ahead of the rest if you have the balls. And it is much better if you have the iron balls. That's what is really necessary here. I know that a big part of the crypto community is still emotional when it comes to price dumps. They still panic and even sell their coins with huge losses at times. These people without guts will just end up whining, regretting, and constantly looking back because they have not taken the risk that ended up to be a lot profitable. Taking risks is a good thing.
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January 06, 2018, 12:26:00 AM
 #15

I don't even buy or sell Bitcoins anymore.  I have them in time locked addresses and they are waiting for me at  the end of every year.  

Bitcoin doesn't even feel like speculation money anymore.  Sure it might not go up like the alts do and give you insane returns.  But I think it'll give you great returns vs holding your fiat currency and in some years still still give you some crazy returns.  

I see it as my pension fund now and couldn't even touch it if I wanted to.
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January 06, 2018, 12:44:19 AM
 #16

I think panic is a very bad situation for this market
My motto: If you are patient, you will make money on this market
Wooww I like your proverb, and that is the best formula of a trader. If the patience is gone then you lose everything time and money.
i will remember it.

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January 06, 2018, 10:08:17 AM
 #17

the nature of panic will only make the people experience losses and it makes other people benefit from the people who panicked. therefore chill and patient in waiting for a coin, what else bitcoin.  Cool

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January 06, 2018, 10:22:21 AM
 #18

Yes if you are a quick handed day trader. Panic sells are often short lived so you need to trade quickly in case the dip is short term. Bitcoin now is rising so i guess the recent dip was a just for a few weeks, now they are back in the game
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January 06, 2018, 11:04:48 AM
 #19

I would sey the btc panic buy is coming. IMHO of course. The alt were bullish enough, btc time is coming
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January 06, 2018, 12:01:34 PM
 #20

it could be a good choice because usually after the panic sell will happen reflection of the price and it will give big profits in a short period of time.

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